Eisman Sees Fintech as a Risk to Banks Below the Top 5

The video discusses the real estate market, focusing on Zillow's shift from an internet platform to a financial services company. It highlights the impact of this transition on the company's financials and the broader market. The discussion then shifts to the challenges banks face in adapting to fintech innovations and competition from tech giants like Facebook and Google. The video concludes with insights into the financial strategies of large banks and the risks faced by smaller banks.

How has the market rewarded companies according to the speaker?

What significant change did Zillow announce regarding their business model?

What concerns do large banks have regarding tech companies like Facebook and Google?

What is the estimated budget for tech spending by Jamie Dimon's bank this year?

What challenges do smaller banks face compared to the top five banks?